GLP

GLP: Co. plans to use the money to build warehouse space in China, according to the South China Morning Post. Grp is building 2m square m this yr and has a backlog of 4m sqm. This yr the co. is constructing warehouses in cities including Changsha, Chongqing, Chengdu, Shanghai, Suzhou, Beijing and Tianjin. Majority of street remains positive on stock with 12 Buy Calls, 2 Holds and 1 Sell and a Mean TP of $2.69.